SpringHill Suites by Marriott Corona Riverside has traded hands between an institutional investor and Titanium Elite for an undisclosed price. Twenty Four Seven Hotels will manage the property.

Located in Corona, the four-story property has 130 guestrooms and was renovated in 2017. It is located 50 miles from Los Angeles and is proximate to corporate headquarters, colleges and universities, hospitals, retail and sports and entertainment centers.

The JLL capital markets team representing the seller was led by senior managing director Scott Hall and associates Aaron Lapping and Blake Malecha.

 

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

Inland Empire
Hotels
Capital Markets